Money-type influences financial decisions. Everyone should have a money belief. There are five major money personality types. Are you a Hoarder, Money Monk, Spender, Amasser, and Avoider? Which are you? The innate characteristics shape your monetary independence. Take this quiz to know What Is Your Money Type. Just be honest with yourself.
1. Do you look for new ways to make money every day?
A. Yes, I want to increase my wealth
B. No, I am getting enough
C. Sometimes I look for opportunities that earn me good fortune
D. Not at all
2. How organized are you with money?
A. Very much
B. No or little
C. I have planned finance for the next generation
D. Not sure
3. Where would you like to spend money on?
A. Meals
B. Clothes
C. Socializing
D. Technology
4. What money can do to me?
A. Make me feel confident
B. Can’t catch my attention too long
C. Makes me responsible to create a strategy to manage it
D. Create pressure and feels the anxiety
5. If I win a lottery-
A. Invest the money to get the best return
B. Keep the money safe for later
C. Give most of the portion to the charitable organizations
D. Think about what should I buy with this money
6. What is your primary financial goal?
A. Satisfy my basic needs & then give away as much possible
B. To save enough to secure me in old age
C. Have enough to buy whatever & whenever I want
D. Unclear about it
7. How do you budget your money?
A. It takes long planning to save the money
B. Budget? It has no meaning for me
C. I don’t know how to start
D. I hope I don’t need to make a budget; I keep my expenses under check
8. Are you a good negotiator?
A. Yes, anything for the best deal
B. Yes I try my best and never give up
C. No, I have to gain the skill
D. I am very bad at negotiating
9. Spending the money:
A. On shopping only after I am sure that I have enough money for unexpected expenses
B. I don't have time to track expenditure; I am busy doing other important tasks
C. I believe in saving than spending
D. I spend more than I earn
10. Do you borrow money?
A. I borrow money quite often
B. I try not to borrow money
C. I hate it but I would borrow money only when there is no other way
D. No, I have enough saving for unforeseen emergencies
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